Category: Markets

Do Three Hot IPOs Signal a New Market Trend?

Just as one swallow doesn’t make a spring, a handful of successful initial public offerings don’t signal that the long winter chill in the market for venture capital-backed IPOs is at an end. In...

Wall Street set for a tumble

Wall Street shares were tipped to open sharply lower on Tuesday, as European markets suffered steep falls. In mid-morning London trade, stock futures for the Dow Jones industrial average were down about 230points, accelerating...

VW shares crash 20% on emissions cheating scandal

Shares in Volkswagen (VLKAF) crashed 20% Monday, wiping 16 billion euros ($18 billion) off the company’s value after it was found to have misled U.S. regulators. Federal and state regulators said Friday that the...